FreshForex Gold Alert

21 November 2023

Gold hitting $2100 per ounce – is it for real?

Dear investors,

Q3 was a golden spectacle, with an impressive 8% surge! Imagine a financial show where all eyes are on interest rates and inflation, propelling gold to breathtaking new heights!

It's like magic! Interest rates are the secret sauce, giving gold extra power.

In October, the yield on 10-year US Treasury bonds jumped by 0.078 points, surpassing 5% for the first time since July 2007. FreshForex analysts report a momentary peak at a whopping 5.02%.

But there's more. Gold isn't just metal; it's a sought-after 'safe haven.' Weak economic data from Japan and the eurozone spark fears of a global recession, making gold shine even brighter.

What's the Q4 forecast? Get ready for a range between $1885 and $1985 per troy ounce. Long-term dreams? They're more dazzling — a real chance of hitting $2100!

This week, pe into the details from the October Federal Reserve meeting — it will give more clarity on the future of interests rates.

Don't just watch – be part of it! Find XAUUSD in MetaTrader 4 or MetaTrader 5. For double trading excitement, use the 101% deposit bonus!

Let's turn this golden opportunity into real profits!

gold trading

If you have any questions, don't hesitate to contact us:

 

Good luck in trading!
FreshForex — forget other brokers.

 

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